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CIBER fourth-quarter revenue slips 3.8%

February 24, 2009

Fourth-quarter revenue fell 3.8% year-over-year to $279.6 million at information technology solutions and staffing company CIBER Inc. (NYSE: CBR).

The Greenwood Village CO-based company's fourth-quarter net income fell 16.4% to $6.0 million.

Full-year 2008 revenue, however, rose 10.1% to $1.19 billion. 2008 net income rose 3.2% to $30.0 million.

CIBER Inc. (NYSE: CBR)
For the fourth quarter ended Dec. 31, 2008, compared with the same period in the previous year.
Revenue: $279.6 million, -3.8%
Net income: $6.0 million, -16.4%

For the full year ended Dec. 31, 2008, compared with the previous year.
Revenue: $1.19 billion, +10.1%
Net income: $30.0 million, +3.2%